Assuming that at present you are working at a retail outlet which has no online presence yet. Based on the article above, convince your employer on why he should consider e-commerce, as an alternative channel for their customers.

1. Holding other variables constant (ceteris paribus) - illustrate using relevant (and completely labelled) diagram(s) the effect of this trend on the demand curve for online and offline retail stores.
2. In light of the above issue, briefly explain other two (2) factors that may shift the demand curve in favour of the online stores.
3. If at the same time, more retailers participate in e-commerce, illustrate (using relevant and completely labelled diagrams) the possible implication(s) on the market equilibrium of online retailing industry.

1.UC Cars operates a fleet of cars for hire in Singapore. In planning its operations for February, UC Cars estimated that it would carry fare-paying passengers for 40,000 km at an average price of $2.00 per km. Past experience suggested that the total mileage (km run) should amount to 250% of the fare-paid km. At the beginning of October, UC Cars employed ten drivers and decided that this number would be adequate for the month ahead.
The following cost estimates were available:

In February, revenue of $ 72,200 was generated by carrying fare paying passengers for 38,000 km. The total actual km run was 105,000 km. Other costs incurred for the month were:

Savings from the employment cost of drivers was due to one driver leaving during the month; she was not replaced until early March.

Required:
(a) Prepare a columnar income statement showing the actual income, static budget income and flexible budget income for October. Indicate on your income statement the total operating income variance.

(b) Using a flexible budgeting approach, construct a set of detailed variances to explain the total operating income variance as effectively as possible. Present your variance analysis in a report to the owner of UC Cars. Include in your report suggested reasons for the variances.

(c) Suggest any further variances that could be computed to explain the operating performance of UC Cars. Outline the additional information that your suggested variances could provide to the owner of UC Cars.

“I can’t breathe”. Those are the last words of George Floyd. An officer's knee on Floyd’s neck for nearly nine minutes because he was black. This unfortunate event ignited the Black Lives Matter movement. The strength to revolt and to resist is at the heart of the Black Lives Matter movement, which is now a global force. Sadly, with good comes bad. In retaliation of the Black Lives Matter movement comes the All Lives Matter movement. This movement is made to silence black voices. America is built on the systematic oppression of African Americans; the All Lives Matter movement is just another reminder of how deep-rooted racism is in America's system and society.

Martin Luther King Jr is a well-known activist and leader during the Civil rights movement. King wrote, “The letter from Birmingham” while incarcerated in Birmingham, Alabama. In this letter, King is trying to persuade the people that segregation negatively affected African Americans and how it causes racial inequality in the United States. This letter still speaks to African Americans because they are still being racially targeted. The reality is King was assassinated, and he died the most hated man in American. That was in 1968 which is not that long ago. The internalized racism in America has not been faced. Instead, it is brushed to the side, and the textbooks provided in schools teach the youth a whitewashed perspective of the civil rights movement. The perspective that the civil rights act was passed due to the peaceful protests but, for six days Americans rioted -caused $13.5 million damage- which then passed the civil rights act of 1968.(source) Why must the people riot to be heard? George Floyd's case is the fastest a police officer has ever been charged because of the riots. All the rage, destruction, and sadness are in a relation of the system that failed to protect innocent lives.

The police system and prisons in America are a prime example demonstrating how black Americans are targeted. The police system first started as slave patrols and night watches. (https://plsonline.eku.edu/insidelook/brief-history-slavery-and-origins-american-policing) The system is based on repressing minorities which is why it should come to no shock that it is structurally prejudiced. Many cases across the U.S. have been reported of officers using illegal techniques without any purpose towards African Americans and has become a serious human rights violation. 99% of killings done by police are not charged with a crime. A frequent fact that is brought up by the All Lives Matter movement when speaking of police brutality towards black Americans is that whites are shot more than black. An attempt to belittle a silence the black struggles. Ignoring the data, that there are more white people than African Americans; they are 13% of the population but make up 24% of those being shot. (source) The same system that white Americans feel protected by is the same system that threatens black Americans. On top of that, there is a corrupt prison system set in place. Before the abolition of slavery, there was no real prison system in the United States. Regulations called the Black Codes developed to criminalize lawful action towards African Americans. The implementation of these rules caused behaviors such as standing in one area of town to become the criminal acts of “loitering”, for which African Americans were incarcerated. As a result, the percentage of African Americans in prison grew, surpassing whites. Now, has become modern-day slavery. Private companies can use factories in prisons (https://www.reimaginerpe.org/node/856)

Furthermore, money in America is administered unfairly by race, particularly among whites and blacks. When one has less wealth, they are already at a disadvantage for a better opportunity or just at a better life. The black-white wealth gap is a consequence of the standardized restrictions blacks suffer in trying to improve their wealth. African Americans also face inequality when it comes to debt. The fact is that blacks are slightly less likely to owe money than whites. However, blacks' interest payments are comparatively high relative to the debt. (Hanks, 1) There is even "redlining" when it comes to certain areas. "Discrimination based on location is often referred to as redlining because, historically, some lending institutions were found to have maps with red lines delineating neighborhoods within which they would not do business."(Turner, 12) This practice is partaking in the growth of the wealth gap as the banks are providing easy loans to the Whites as they are considered to be law-abiding citizens while the similar loaning facilities are denied to the Black community. By having better access to financial resources, whites can collect funds for their ventures hence creating the income and upgrading their lives while all these opportunities are not present to the black community.

Lastly, there is a problem of whitewashing black culture and representing Black Americans in a bad light.  

My fourth paragraph is not done but that is what it will be about. Please write a 250-word conclusion about this essay

Determine for this investment instrument:
(a) The rate of return before tax, ignoring inflation.
(b) The rate of return after tax, ignoring inflation
(c) The rate of return after taxes, considering inflation
You must use Excel to solve these problems and display all your computations. Include comments and annotations when you deem it necessary (for example, to make a presumption).

Please help me and use Excel only and it's functional functions please. Thanks a lot!

The “graying of America” will substantially increase the fraction of the population that is retired in the decades to come. To illustrate the implications for U.S. living standards, suppose that over the 53 years following 2013 the share of the population that is working returns to its 1960 level, while average labor productivity increases at the same rate as it did during 1960–2013. Under this scenario, what would be the net change in real GDP per person between 2013 and 2066?

Instructions: Enter your response as whole numbers for dollar values and one decimal place for percentages.

Real GDP per person in 2013: $

Real GDP per person in 2066: $

Net change in real GDP per person between 2013 and 2066: $ , which is an increase by % from 2013.          

North Pole Cruise Lines issued preferred stock many years ago. It carries a fixed dividend of $10 per share. With the passage of time, yields have soared from the original 9 percent to 8 percent (yield is the same as required rate of return). a. What was the original issue price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is the current value of this preferred stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If the yield on the Standard & Poor’s Preferred Stock Index declines, how will the price of the preferred stock be affected? The price of preferred stock will increase. The price of preferred stock will decrease.

Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below:

The company is in the process of preparing a budget for October and has assembled the following data:

1. Sales are budgeted at $360,000 for October and $370,000 for November. Of these sales, 35% will be for cash; the remainder will be credit sales. Forty percent of a month’s credit sales are collected in the month the sales are made, and the remaining 60% is collected in the following month. All of the September 30 accounts receivable will be collected in October.

2. The budgeted cost of goods sold is always 45% of sales and the ending merchandise inventory is always 30% of the following month’s cost of goods sold.

3. All merchandise purchases are on account. Thirty percent of all purchases are paid for in the month of purchase and 70% are paid for in the following month. All of the September 30 accounts payable to suppliers will be paid during October.

4. Selling and administrative expenses for October are budgeted at $80,600, exclusive of depreciation. These expenses will be paid in cash. Depreciation is budgeted at $3,090 for the month.

Required:

2. Assume the following changes to the underlying budgeting assumptions:

(1) 50% of a month’s credit sales are collected in the month the sales are made and the remaining 50% is collected in the following month, (2) the ending merchandise inventory is always 10% of the following month’s cost of goods sold, and (3) 20% of all purchases are paid for in the month of purchase and 80% are paid for in the following month. Using these new assumptions, calculate or prepare the following:

a. The budgeted cash collections for October.

b. The budgeted merchandise purchases for October.

c. The budgeted cash disbursements for merchandise purchases for October.

d. Net operating income for the month of October.

e. A budgeted balance sheet at October 31

Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below:

The company is in the process of preparing a budget for October and has assembled the following data:

Sales are budgeted at $340,000 for October and $350,000 for November. Of these sales, 35% will be for cash; the remainder will be credit sales. Forty percent of a month’s credit sales are collected in the month the sales are made, and the remaining 60% is collected in the following month. All of the September 30 accounts receivable will be collected in October.

The budgeted cost of goods sold is always 45% of sales and the ending merchandise inventory is always 30% of the following month’s cost of goods sold.

All merchandise purchases are on account. Thirty percent of all purchases are paid for in the month of purchase and 70% are paid for in the following month. All of the September 30 accounts payable to suppliers will be paid during October.

Selling and administrative expenses for October are budgeted at $83,000, exclusive of depreciation. These expenses will be paid in cash. Depreciation is budgeted at $2,170 for the month.

Required:

2. Assume the following changes to the underlying budgeting assumptions:

(1) 50% of a month’s credit sales are collected in the month the sales are made and the remaining 50% is collected in the following month, (2) the ending merchandise inventory is always 10% of the following month’s cost of goods sold, and (3) 20% of all purchases are paid for in the month of purchase and 80% are paid for in the following month. Using these new assumptions, calculate or prepare the following:

a. The budgeted cash collections for October.

b. The budgeted merchandise purchases for October.

c. The budgeted cash disbursements for merchandise purchases for October.

d. Net operating income for the month of October.

e. A budgeted balance sheet at October 31.

Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below:

The company is in the process of preparing a budget for October and has assembled the following data:

1. Sales are budgeted at $340,000 for October and $350,000 for November. Of these sales, 35% will be for cash; the remainder will be credit sales. Forty percent of a month’s credit sales are collected in the month the sales are made, and the remaining 60% is collected in the following month. All of the September 30 accounts receivable will be collected in October.

2. The budgeted cost of goods sold is always 45% of sales and the ending merchandise inventory is always 30% of the following month’s cost of goods sold.

3. All merchandise purchases are on account. Thirty percent of all purchases are paid for in the month of purchase and 70% are paid for in the following month. All of the September 30 accounts payable to suppliers will be paid during October.

4. Selling and administrative expenses for October are budgeted at $83,000, exclusive of depreciation. These expenses will be paid in cash. Depreciation is budgeted at $2,170 for the month. Assume the following changes to the underlying budgeting assumptions: (1) 50% of a month’s credit sales are collected in the month the sales are made and the remaining 50% is collected in the following month, (2) the ending merchandise inventory is always 10% of the following month’s cost of goods sold, and (3) 20% of all purchases are paid for in the month of purchase and 80% are paid for in the following month. Using these new assumptions, calculate or prepare the following. a. The budgeted cash collections for October. b. The budgeted merchandise purchases for October. c. The budgeted cash disbursements for merchandise purchases for October. d. Net operating income for the month of October. e. A budgeted balance sheet at October 31.

Exercise 7-15 Manufacturing: Direct materials, direct labor, and overhead budgets LO P1

MCO Leather Goods manufactures leather purses. Each purse requires 3 pounds of direct materials at a cost of $4 per pound and 0.7 direct labor hours at a rate of $10 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $11,000 per month. The company’s policy is to end each month with direct materials inventory equal to 20% of the next month’s materials requirement. At the end of August the company had 4,580 pounds of direct materials in inventory. The company’s production budget reports the following.

(1) Prepare direct materials budgets for September and October.
(2) Prepare direct labor budgets for September and October.
(3) Prepare factory overhead budgets for September and October.